KEYS
Keysight Technologies Inc.Stock · TechnologyS&P 500 Equal Weight 0.2% · S&P 500 0.09% · Russell 1000 0.09% · US Stock Market 0.08% · Russell 3000 0.08% · MSCI World 0.06% · MSCI ACWI 0.06%$338.64+3.99%
as of market close, Sep 11, 2026
☾ AH — —
KEYS financial statements
The full income statement, balance sheet, and cash-flow statement for Keysight Technologies Inc. (KEYS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-04 174.5M2024-07 173.5M2024-10 173.2M2025-01 172.8M2025-04 172.1M2025-07 171.9M2025-10 171.8M2026-01 171.5M2026-04 170.9M-2.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 5.38B+8.0% | 4.98B-8.9% | 5.46B+0.8% | 5.42B+9.7% | 4.94B+17.1% | ||
| Lease income | 10.0M+0.0% | 10.0M+0.0% | 10.0M-9.1% | 11.0M+0.0% | 11.0M | |
| Cost of revenue | 2.04B+10.4% | 1.85B-4.5% | 1.93B-1.9% | 1.97B+5.2% | 1.87B+10.9% | |
| Research & development | 1.01B+9.6% | 919M+4.2% | 882M+4.9% | 841M+3.7% | 811M+13.4% | |
| Selling, general & administrative | 1.47B+5.7% | 1.40B+6.7% | 1.31B+1.9% | 1.28B+7.4% | 1.20B+8.9% | |
| Amortization of intangibles | 137M-0.7% | 138M+53.3% | 90.0M-12.6% | 103M-40.8% | 174M-20.9% | |
| Operating income | 876M+5.2% | 833M-38.7% | 1.36B+1.8% | 1.33B+23.5% | 1.08B+41.2% | |
| Interest expense | 96.0M+14.3% | 84.0M+7.7% | 78.0M-1.3% | 79.0M+0.0% | 79.0M+1.3% | |
| Interest & investment income | 102M+25.9% | 81.0M-20.6% | 102M+537.5% | 16.0M+433.3% | 3.00M-72.7% | |
| Other non-operating income | 200M+471.4% | 35.0M+240.0% | -25.0M-278.6% | 14.0M+133.3% | 6.00M-90.5% | |
| Gain (loss) on equity securities | 98.0M+553.3% | 15.0M+114.3% | 7.00M+119.4% | -36.0M-1000.0% | 4.00M-63.6% | |
| Pre-tax income | 1.08B+25.1% | 865M-36.3% | 1.36B+5.6% | 1.28B+27.2% | 1.01B+32.7% | |
| Income tax | 213M-15.1% | 251M-16.3% | 300M+86.3% | 161M+38.8% | 116M-13.4% | |
| 850M+38.4% | 614M-41.9% | 1.06B-6.0% | 1.12B+25.7% | 894M+42.6% | ||
| Income from continuing operations | 869M+41.5% | 614M-41.9% | 1.06B | — | — | |
| $4.91+39.9% | $3.51-40.6% | $5.91-4.4% | $6.18+29.3% | $4.78+44.4% | ||
| EPS (basic) | $4.93+39.7% | $3.53-40.7% | $5.95-4.5% | $6.23+28.7% | $4.84+44.5% | |
| Weighted-avg shares (basic) | 172M-1.1% | 174M-2.2% | 178M-1.1% | 180M-2.7% | 185M-1.1% | |
| Weighted-avg shares (diluted) | 173M-1.1% | 175M-2.2% | 179M-1.6% | 182M-2.7% | 187M-1.1% | |
| Balance Sheet | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 4.35B+2.1% | 4.26B-11.5% | 4.81B+13.6% | 4.23B+10.4% | 3.83B+13.6% | ||
| Cash & equivalents | 1.87B+4.3% | 1.80B-27.3% | 2.47B+21.1% | 2.04B-0.5% | 2.05B+16.9% | |
| Accounts receivable | 939M+9.6% | 857M-4.8% | 900M-0.6% | 905M+23.1% | 735M+21.3% | |
| Inventory | 1.05B+2.7% | 1.02B+3.8% | 985M+14.8% | 858M+10.4% | 777M+2.6% | |
| Prepaid expenses | 486M-16.5% | 582M+28.8% | 452M+5.4% | 429M+58.9% | 270M | |
| Other current assets | 201M+28.0% | 157M+26.6% | 124M-16.8% | 149M+46.1% | 102M-60.0% | |
| 11.3B+21.9% | 9.27B+6.7% | 8.68B+7.2% | 8.10B+4.1% | 7.78B+7.8% | ||
| Property, plant & equipment | 795M+2.7% | 774M+1.7% | 761M+10.3% | 690M+6.2% | 650M+9.2% | |
| Operating lease right-of-use | 236M+0.9% | 234M+3.5% | 226M+2.7% | 220M-3.1% | 227M+24.7% | |
| Goodwill | 3.42B+43.4% | 2.39B+45.6% | 1.64B+3.7% | 1.58B-2.8% | 1.63B+5.9% | |
| Intangible assets | 1.30B+114.8% | 607M+291.6% | 155M-18.0% | 189M-30.5% | 272M-24.7% | |
| Long-term investments | 211M+91.8% | 110M+35.8% | 81.0M+30.6% | 62.0M-11.4% | 70.0M+14.8% | |
| Deferred tax assets | 373M-1.3% | 378M-43.7% | 671M+0.6% | 667M-6.2% | 711M-3.9% | |
| Other non-current assets | 610M+17.1% | 521M+53.2% | 340M-25.1% | 454M+16.7% | 389M+5.7% | |
| 1.85B+29.6% | 1.43B-30.4% | 2.05B+45.6% | 1.41B+7.5% | 1.31B+21.1% | ||
| Accounts payable | 355M+13.4% | 313M+9.4% | 286M-17.8% | 348M+21.3% | 287M+28.1% | |
| Deferred revenue | 652M+16.2% | 561M+3.7% | 541M+9.3% | 495M+3.6% | 478M+22.3% | |
| Short-term & current debt | 0.00 | 0.00-100.0% | 599M | 0.00 | — | |
| Current lease liability | 51.0M+18.6% | 43.0M+7.5% | 40.0M+2.6% | 39.0M-4.9% | 41.0M-4.7% | |
| Other current liabilities | 186M+48.8% | 125M-33.9% | 189M+96.9% | 96.0M+29.7% | 74.0M+5.7% | |
| 5.42B+30.2% | 4.16B+3.4% | 4.03B+2.3% | 3.94B-1.5% | 4.00B+1.9% | ||
| Long-term debt | 2.53B+41.6% | 1.79B+49.8% | 1.20B-33.4% | 1.79B+0.1% | 1.79B+0.1% | |
| Deferred revenue (non-current) | 232M+12.6% | 206M-4.6% | 216M+9.6% | 197M+5.3% | 187M+6.9% | |
| Non-current lease liability | 193M-2.0% | 197M+2.6% | 192M+3.2% | 186M-2.6% | 191M+28.2% | |
| Operating lease liability (total) | 244M+1.7% | 240M+3.4% | 232M+3.1% | 225M-3.0% | 232M+20.8% | |
| Other non-current liabilities | 536M+15.8% | 463M+47.9% | 313M+5.7% | 296M-15.9% | 352M-3.6% | |
| 5.88B+15.2% | 5.11B+9.7% | 4.65B+11.8% | 4.16B+10.0% | 3.78B+14.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Additional paid-in capital | 2.85B+7.0% | 2.66B+7.1% | 2.49B+6.6% | 2.33B+5.1% | 2.22B+5.2% | |
| Retained earnings | 7.08B+13.7% | 6.22B+10.9% | 5.61B+23.2% | 4.55B+32.8% | 3.43B+35.3% | |
| Treasury stock | 3.80B+11.0% | 3.42B+14.8% | 2.98B+31.0% | 2.27B+59.6% | 1.43B+89.5% | |
| Accumulated other comprehensive income | -248M+31.9% | -364M+21.9% | -466M-2.6% | -454M-2.7% | -442M+26.2% | |
| Total equity incl. non-controlling | 5.88B+15.2% | 5.11B+9.7% | 4.65B+11.8% | 4.16B+10.0% | 3.78B+14.8% | |
| Total liabilities & equity | 11.3B+21.9% | 9.27B+6.7% | 8.68B+7.2% | 8.10B+4.1% | 7.78B+7.8% | |
| Common shares issued | 202M+0.5% | 201M+0.5% | 200M+0.5% | 199M+1.0% | 197M+0.5% | |
| Shares outstanding (cover) | 172M-0.8% | 173M-1.1% | 175M-2.1% | 179M-2.3% | 183M-1.6% | |
| Cash Flow | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 1.41B+33.9% | 1.05B-25.3% | 1.41B+23.1% | 1.14B-13.5% | 1.32B+30.1% | ||
| Depreciation & amortization | 268M+1.5% | 264M+25.7% | 210M-4.5% | 220M-24.4% | 291M-10.2% | |
| Intangible amortization | 137M-0.7% | 138M+53.3% | 90.0M-12.6% | 103M-40.8% | 174M-20.9% | |
| Share-based compensation | 162M+18.2% | 137M+1.5% | 135M+8.0% | 125M+21.4% | 103M+12.0% | |
| Deferred income taxes | -116M-143.3% | 268M+9033.3% | -3.00M-142.9% | 7.00M+113.2% | -53.0M-229.3% | |
| Change in receivables | -23.0M+67.6% | -71.0M-407.1% | -14.0M-106.9% | 204M+67.2% | 122M+262.7% | |
| Change in inventory | 24.0M-51.0% | 49.0M-66.9% | 148M+18.4% | 125M+190.7% | 43.0M-41.1% | |
| Change in payables | 26.0M+0.0% | 26.0M+141.9% | -62.0M-210.7% | 56.0M+5.7% | 53.0M+260.6% | |
| -1.73B-110.9% | -819M-184.4% | -288M-14.7% | -251M+28.9% | -353M+20.1% | ||
| Capital expenditure | 128M-16.9% | 154M-21.8% | 197M+6.5% | 185M+6.3% | 174M+48.7% | |
| Free cash flow | 1.28B+42.7% | 898M-25.8% | 1.21B+26.3% | 959M-16.5% | 1.15B+27.7% | |
| Acquisitions | 2.02B+196.9% | 681M+701.2% | 85.0M+157.6% | 33.0M-81.5% | 178M-50.1% | |
| Purchases of investments | — | 11.0M+57.1% | 7.00M-78.8% | 33.0M+3200.0% | 1.00M | |
| Sales/maturities of investments | — | — | — | — | 0.00 | |
| Other investing activities | 7.00M+250.0% | 2.00M-71.4% | 7.00M | 0.00-100.0% | 1.00M | |
| 385M+142.2% | -913M-32.9% | -687M+20.2% | -861M-28.3% | -671M-62.5% | ||
| Long-term debt issued | 748M+24.9% | 599M | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 375M-14.6% | 439M-37.5% | 702M-17.3% | 849M+26.2% | 673M+63.7% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -2.00M+80.0% | -10.0M-233.3% | -3.00M-200.0% | -1.00M+75.0% | -4.00M+42.9% | |
| FX effect on cash | 9.00M+50.0% | 6.00M+400.0% | -2.00M+95.3% | -43.0M-1533.3% | 3.00M-50.0% | |
| Net change in cash | 76.0M+111.3% | -674M-256.4% | 431M+4018.2% | -11.0M-103.7% | 301M+80.2% | |
| Interest paid | 77.0M+2.7% | 75.0M+0.0% | 75.0M+0.0% | 75.0M+0.0% | 75.0M+0.0% | |
| Income taxes paid | 120M-17.8% | 146M-57.4% | 343M+79.6% | 191M+46.9% | 130M+54.8% | |
| Valuation Ratios | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Market cap | 31.4B+21.8% | 25.8B+20.8% | 21.4B-31.4% | 31.1B-6.1% | 33.2B+69.0% | |
| P/E | 37.0×-12.0% | 42.0×+107.9% | 20.2×-27.0% | 27.7×-30.7% | 40.0×+23.3% | |
| P/S | 5.8×+12.8% | 5.2×+32.5% | 3.9×-31.9% | 5.7×-15.7% | 6.8×+43.1% | |
| P/B | 5.3×+5.7% | 5.1×+10.1% | 4.6×-38.7% | 7.5×-15.4% | 8.8×+51.1% | |
| P/FCF | 24.5×-14.6% | 28.7×+62.9% | 17.6×-45.7% | 32.5×+13.7% | 28.6×+19.9% | |
| Earnings yield | 2.7%+13.6% | 2.4%-51.9% | 4.9%+37.1% | 3.6%+44.4% | 2.5%-18.9% | |
| FCF yield | 4.1%+17.1% | 3.5%-38.6% | 5.7%+84.0% | 3.1%-12.0% | 3.5%-16.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: KEYS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KEYS filings on SEC EDGAR → Not investment advice.